State-Owned Enterprises in Bosnia and Herzegovina : Assessing Performance and Oversight /

Based on a new database of State-Owned Enterprise (SOE) financial statements, we find that SOEs in Bosnia and Herzegovina are mostly in poor financial shape. We estimate the overall size and composition of the SOE sector, and identify individual companies that affect fiscal and macroeconomic perform...

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গ্রন্থ-পঞ্জীর বিবরন
প্রধান লেখক: Cegar, Bobana
অন্যান্য লেখক: Parodi, Francisco
বিন্যাস: পত্রিকা
ভাষা:English
প্রকাশিত: Washington, D.C. : International Monetary Fund, 2019.
মালা:IMF Working Papers; Working Paper ; No. 2019/201
অনলাইন ব্যবহার করুন:Full text available on IMF
বিবরন
সংক্ষিপ্ত:Based on a new database of State-Owned Enterprise (SOE) financial statements, we find that SOEs in Bosnia and Herzegovina are mostly in poor financial shape. We estimate the overall size and composition of the SOE sector, and identify individual companies that affect fiscal and macroeconomic performance. Financial analysis suggests that SOEs are not contributing enough to the economy. We also review the SOE governance framework and find that governments do not exercise their ownership function in line with WB/OECD guidelines. Reforms to the governance frameworks are necessary to foster transparency and improve accountability. More fundamental reform of the SOE sector might increase overall GDP by 3 percent per year.
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দৈহিক বর্ননা:1 online resource (43 pages)
বিন্যাস:Mode of access: Internet
আইএসএসএন:1018-5941
প্রবেশাধিকার:Electronic access restricted to authorized BRAC University faculty, staff and students